Valuation Advantest Corporation Deutsche Boerse AG

Stocks

VANA

US00762U2006

Semiconductor Equipment & Testing

Delayed Deutsche Boerse AG Other stock markets 02:17:27 2026-07-31 EDT			5-day change	1st Jan Change
168.00 ^EUR	+13.51%		+9.09%	+58.49%

04:31am	Yen under pressure, bonds volatile after BOJ holds rates steady	RE
03:22am	Japan's Nikkei jumps 4% as Microsoft forecasts lift chip stocks	RE

Company Valuation: Advantest Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	1,859,608	2,237,070	5,033,620	4,748,144	14,881,560	20,224,004	-	-
Change	-	20.3%	125.01%	-5.67%	213.42%	35.9%	-	-
Enterprise Value (EV) ¹	1,786,489	2,202,377	5,021,361	4,579,103	14,561,786	19,697,218	19,466,021	19,107,090
Change	-	23.28%	128%	-8.81%	218.01%	35.27%	-1.17%	-1.84%
P/E	21.5x	17.4x	80.7x	29.6x	39.5x	32.9x	27.8x	25.4x
PBR	6.23x	6.07x	11.7x	9.37x	18.5x	17x	11.7x	8.56x
PEG	-	0.3x	-1.6x	0x	0x	0.5x	1.5x	2.61x
Capitalization / Revenue	4.46x	3.99x	10.3x	6.09x	13.2x	12.4x	10.2x	8.8x
EV / Revenue	4.29x	3.93x	10.3x	5.87x	12.9x	12.1x	9.78x	8.31x
EV / EBITDA	13.8x	11.6x	46.6x	17.9x	27.8x	23.1x	18.6x	16.7x
EV / EBIT	15.6x	13.1x	61.5x	20.1x	29.2x	24.9x	19.9x	17.3x
EV / FCF	55.9x	50.6x	1,062x	17.1x	48.7x	45.2x	31.4x	23.6x
FCF Yield	1.79%	1.98%	0.09%	5.86%	2.05%	2.21%	3.19%	4.23%
Dividend per Share ²	30	33.75	34.25	39	59	92.25	117.5	165.7
Rate of return	1.24%	1.11%	0.5%	0.6%	0.29%	0.33%	0.42%	0.59%
EPS ²	112.4	174.4	84.45	218.7	515.2	847.9	1,004	1,101
Distribution rate	26.7%	19.4%	40.6%	17.8%	11.5%	10.9%	11.7%	15%
Net sales ¹	416,901	560,191	486,507	779,707	1,128,610	1,631,132	1,990,730	2,298,721
EBITDA ¹	129,702	189,083	107,732	255,236	524,732	854,288	1,046,116	1,142,108
EBIT ¹	114,734	167,687	81,628	228,161	499,120	790,822	977,253	1,105,469
Net income ¹	87,301	130,400	62,290	161,177	375,353	599,846	726,107	794,975
Net Debt ¹	-73,119	-34,693	-12,259	-169,041	-319,774	-526,786	-757,982	-1,116,914
Reference price ²	2,417.50	3,040.00	6,819.00	6,472.00	20,330.00	27,935.00	27,935.00	27,935.00
Nbr of stocks (in thousands)	769,228	735,878	738,176	733,644	732,000	723,966	-	-
Announcement Date	4/27/22	4/26/23	4/26/24	4/25/25	4/27/26	-	-	-

¹JPY in Million²JPY

Estimates

P/E, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KLA CORPORATION	50.5x	17.67x	38.84x	0.44%	236B
TERADYNE, INC.	41.31x	10.96x	30.89x	0.14%	57.21B
HON. PRECISION, INC.	44.33x	17.66x	34.47x	1.28%	31.15B
HANGZHOU CHANGCHUAN TECHNOLOGY CO.,LTD	77.92x	21.83x	66.95x	0.15%	22.97B
TONGFU MICROELECTRONICS CO.,LTD	52.96x	2.9x	14.31x	0.14%	12.54B
BEIJING HUAFENG TEST & CONTROL TECHNOLOGY CO.,LTD.	88.24x	35.21x	84.58x	0.28%	9.96B
KING YUAN ELECTRONICS CO., LTD.	21.79x	6.17x	11.62x	2.95%	8.05B
TIANSHUI HUATIAN TECHNOLOGY CO., LTD.	56.05x	2.91x	15.68x	0.44%	7.33B
WINWAY TECHNOLOGY CO., LTD.	53.85x	12.79x	44.75x	1.12%	5.87B
Average	54.10x	14.23x	38.01x	0.77%	43.4B
Weighted average by Cap.	50.88x	16.32x	38.45x	0.5%